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Conference looks to improve Vietnam’s labour market

Creating jobs and improving workers’ skills in the context of international integration are important goals for Vietnam, which holds a large workforce, said Deputy Minister of Labour, Invalids, and Social Affairs (MoLISA) Doan Mau Diep.
Conference looks to improve Vietnam’s labour market ảnh 1At the event (Photo: vov.vn)
Hanoi (VNA) – Creating jobs and improving workers’ skills in thecontext of international integration are important goals for Vietnam, which holdsa large workforce, said Deputy Minister of Labour, Invalids, and Social Affairs(MoLISA) Doan Mau Diep.

He made the statement while attending the conference on “Labour Market Policyand Upskilling Needs in Context of International Integration” jointly held bythe MoLISA, the Swiss Federal Department of Economic Affairs, Education, andResearch, and the International Labour Organisation (ILO).

The development of the labour market will make significant contributions toforming market economy institutions, he said, underlining that Vietnameselabour market policies are being currently being completed.

More people have joined the labour force over the past year, with the proportionof agricultural labourers among the total national workforce is estimated ataround 40 percent. Meanwhile, the percentage of people within the working ageremain high at 76 percent of the local population. Other positive developmentsin the labour market include improvements in workers’ income and workingconditions, as well as the narrowing gap between male and female payment.

However, Diep described that unqualified workers in the agricultural sector andthe significant percentage of people engaged in unskilled work are some of the shortcomingsof the labour market.

Citing labour productivity as one of the challenges facing Vietnam’ssustainable development, Swiss Ambassador to Vietnam Beatrice Maser said thatboth state-owned and private companies should make efforts to improve workers’skills in response to radical changes in technologies.

Free trade agreements like the Comprehensive and Progressive Agreement forTrans-Pacific (CPTPP) and the European Union-Vietnam Free Trade Agreement(EVFTA) will accelerate the automation and digitalisation processes, imposingnew requirements for the labour force.

In that context, Vietnam is working to finalise labourregulations and a labour relation system towards creating sustainable jobs forall, said participants at the conference.

With three working sessions, the conference discussed Vietnam’s labour marketpolicies and focused on experience sharing between Vietnam and Switzerland inlabour market institutions.

The attendants said that Vietnamese business should themselves build strategiesand a risk management system, improve the quality of the workforce, and set upa rational wage system to ensure that both employers and employees work formutual benefits.–VNA
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